Posted: Tuesday 11th February 2014 at 15:02 pm

Trade Volume Between Ghana/Turkey To Hit US$1bn

Ghana and Turkey are optimistic of raising bilateral trade volumes between the two countries to a total of about US$1 billion by 2015.

The optimism stems from the growth in trade volumes between the two countries in the last couple of years. From US$50million in 2009, the trade between the two has risen to about US$200 million by the end of 2012.

This came to light when, Dr Senturk Uzun, the Turkish Ambassador to Ghana, paid a courtesy call on the President of the Ghana Chamber of Commerce and Industry, Mr Seth Adjei Baah in Accra.

During the interaction, the Chairman of the Accra Regional Chamber of the Ghana Chamber of Commerce and Industry, Mr Clement Osei Amoako, said progress of trade between the two countries gives a clear indication that Ghana and Turkey were committed in achieving the 2015 target.

He indicated that the exchange rate of the two countries were almost the same and that had contributed to the development so far and added, “The exchange rate had made trading between the two countries very easy”.

The delegation was in Ghana to interact with the Chamber on how Turkey-Ghana could expand bilateral trade and enhance the relationship between businesses from both ends.

Welcoming the Ambassador and his delegation, Mr Adjei Baah said Ghana and Turkey were partners and together they would work for the mutual benefits of their respective countries and citizens.

“We are partners together and we want to do business to ensure mutual growth, Mr Adjei Baah said. Turkish Ambassador

In his remarks, Dr Uzun said Ghana was an important partner of Turkey and their relationship ought to be intensified because the current relations between the two is “not enough”.

He said there is a lot of potential that needed to be tapped to benefit both countries and their businesses people.

He said Turkey had a huge interest in Ghana and businessmen from both countries would be merged for development.

Speaking on how the US$1 billion target would be achieved, he said concrete and specific projects would be established to help deepen the relationship as trade partners.

Dr Uzun explained that Turkey would appraise possible areas for investment. Appeal to the Ambassador

Mr Adjei Baah appealed to the ambassador to help address delays associated with the acquisition of visas at the embassy.

Accessing Visa online and the use of credit cards for payment he said was foreign to Ghanaians and appealed to Dr Uzun if other flexible options could be explored for Ghanaians to access those services.

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